$IDEX /USDT trading signal on a 15-minute timeframe analysis 👇👇👇
1. Price Movement:
The current price is 0.07936, reflecting a +17.64% gain.
The price is approaching the 24-hour high of 0.08182, indicating bullish momentum.
2. Technical Indicators:
RSI (Relative Strength Index): At 62.17, it's in a neutral-to-bullish zone, suggesting further upward potential before becoming overbought (above 70).
MACD (Moving Average Convergence Divergence): Positive divergence, indicating bullish momentum is strengthening.
Moving Averages: The shorter-term MA (5) is above the longer-term MA (10), confirming an upward trend.
3. Volume:
High trading volume indicates significant interest in the pair, supporting the current uptrend.
4. Support and Resistance:
Immediate support is at 0.07721.
Resistance is near the 0.08182 level.
